Talent management firm True announced today the acquisition of climate technology and sustainability executive search firm Hobbs & Towne (HTI). HTI will operate as True’s new climate tech practice.
Founded in 1997 by Andy Towne and Bobby Hobbs, HTI has a team of 30 recruiters and employees specializing in the greening of industries, with focuses on energy mobility, food, agriculture, and water. Climate technology has seen rapid growth in recent years, attracting over $30 billion of venture capital funding in the first three quarters of 2021, according to True.
Brad Stadler, True co-CEO and co-founder, said:
“The climate tech space is a perfect example of the disruptive areas True thrives in. HTI has set the industry standard for placing leaders at cutting-edge tech companies that are crucial to building a better world. True’s Climate Tech practice is new, but will be powered by experts with decades of experience. We are thrilled to complement that expertise with our global candidate network and a variety of products and services to bring executive talent to game-changing companies through various phases of growth.”
Hobbs, said:
“We’re looking forward to having access to a larger, global internal and external network. As part of True, our partners and associates will have more operational and execution support, and greater opportunities for career growth and progression.”
Towne, added:
“Bobby and I pioneered sustainability recruiting and have seen it evolve from a niche idea to a global necessity. Joining forces with True allows us to make an even bigger impact at the most exciting moment ever for green technology and sustainability. The possibilities are endless.”
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